• 3: Episode 3: How to Build Your Emergency Fund – £10 a Day Challenge

  • Oct 15 2024
  • Length: 20 mins
  • Podcast

3: Episode 3: How to Build Your Emergency Fund – £10 a Day Challenge

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  • Summary

  • In this episode of Money Mechanics, Sarah Poynton-Ryan shares practical, actionable tips on how to build your emergency fund by saving just £10 a day. Learn how small daily savings can add up to big results over time and set you on the path toward financial stability. Sarah explains how you can get started even if money is tight, offering ideas for generating extra income without needing to start a full-time business.

    Key Takeaways:

    • The power of saving £10 a day to build an emergency fund over time
    • How saving small amounts can compound and grow into significant financial security
    • Practical income ideas like online surveys, selling stock photography, or pet sitting
    • Importance of consistency and discipline in financial planning
    Ways to Make £10 a Day:

    1. Do online surveys
    2. Sell stock photography
    3. Use your skills on platforms like Upwork or PeoplePerHour
    4. Pet sitting or dog walking
    5. Rent out your parking space
    6. Sell unwanted items at car boot sales or on Vinted
    7. Rent out a spare room in your home
    Resources Mentioned:

    • Buy a copy of Money Mechanics Book
    • FreeTrade Investment Platform
    • Upwork
    • PeoplePerHour
    • JustPark
    • Vinted
    Follow & Subscribe:

    • Follow Sarah on Instagram: Click here
    • Follow Money Mechanics On Instagram Money Mechanics Instagram Channel
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